1806 An Inquiry into the Nature and Causes of the Wealth and Nations. With a life of the Author. Also, a View of the Doctrine of Smith Compared With That of the French Economists; With a Method of Facilitating the Study of His Works; From the French of M. Garnier.
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An Important Work, Leather Binding, Rebound
Rebound in a smart quarter crushed morocco binding with paper to the boards, with new endpapers. With two pages of publisher's adverts to the rear of Volume III. Complete in three volumes. With a life of the author. 'The Wealth of Nations' was one of the world's first work discussing what builds nation's wealths. The author discusses the division of labour, productivity, and free markets. The work is divided into five parts, titled 'One the Causes of Improvement in the Productive Powers of Labor', 'Of the Nature, Accumulation, and Employment of Stock', 'Of the Different Progress of Opulence in Different Nations', 'Of Systems of Political Economy', and 'Of the Revenue of the Sovereign or Commonwealth'. The work is still a fundamental reference in classical economics, and provided the foundation for future politicians, economists, thinkers, biologist, and mathematicians. In fact, the work showed the clear shift that was happening in the field of economics. In this work the author aimed to offer a practical application for reformed economic theory. They were intended to replace the prevalent economic theories of the time, due to the coming industrial progress. In this work Adam Smith introduced his theory of absolute advantage, meaning the ability of a party to produce a greater quantity of goods than competitors. Written by Adam Smith. This work was his magnum opus, being the product of seventeen years of notes and works. He is well known for being a pioneer of political economy, as well as being a leading figure in the Scottish Enlightenment. He is often nicknamed 'The Father of Economics', and also is credited with laying the foundations of the classical free market economical theory.
Rebound in a quarter crushed morocco binding with paper to the boards. Externally, smart. Internally, firmly bound. Pages are lightly age-toned with some tidemarks and the odd spot.
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